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1402 E CORAL COVE Drive, Gilbert, AZ 85234
$3,400,000 Asking Price
$---/mo Est. Payment Get Prequalified »
8
beds
8
baths
11,319
sqft
Built in
2001
Magnificent lakefront 2-story Tuscan mansion on rare Peninsular lot w/approx 239' (2 sides) of lakefront nestled on a cul-de-sac lot in the prestigious, gated West Lake Estates Val Vista Lakes water-wonderland Community. 8,600 sq ft above grade & 3,200sf of beautifully finished basement w/ living quarters, wet bar/kitchenette, 720 btl wine room & gym; a bright upper level attached full Guest Quarters w/sep. entrances; nearly new roof, HVAC & OWNED solar! Thoughtful design w/ superior function, energy efficiency & a flowing floor plan for easy living & entertaining. Timeless architecture, stunning water views & mountain vistas - a lifestyle second to none. Lavish community amenities w/ convenient location to shopping, dining & easy highway access - mere minutes to airport! (SEE SUPPL!) Amenities and updates abound in this luxurious lakefront residence! 1. Full roof replacement in 2022. Five year workmanship warranty to July 2027, transferrable before July 2027. 2. OWNED, Solar installed and activated 5/19/2023. (Solar Specifications by separate documentation) 3. 5 HVAC units controlled by thermostats; approximately 5 years old. Four of the AC units are programmable at the wall panel, which has been sufficiently functional. An update to a Vivint device is required to use with Vivint Home Security. 4. Exterior freshly painted. 5. Gas/Electric and tankless water heaters; all less than approximately 10 years old. Tankless unit is nearly new. 6. Owned Water Softener 7. Reverse Osmosis 8. TWO full Laundry Rooms for ultimate convenience. One on the Upper Level and one on Main Level, both with cabinetry, counter space and sinks. 9. Washers and Dryers in both Laundry Rooms convey. 10. Refrigerators in Kitchen, Guest Quarters and Lower Level Kitchenette convey. 11. Landscape remodeled in 2021. 12. Primary Bedroom wired for electric window coverings. Original home Interior Designer informed Owners that there is wiring for electric blinds in Primary Bedroom. 13. Vivint Home Security: Currently controls door cam, doors, motion detector, and thermostat (only 1 thermostat is controlled by Vivint but more can be added). Other areas can be added, like windows and more motion detectors. Owners can add multiple users with unique codes to arm and disarm. An effective date and an expiration date can be set for the code to be active. All controls can be operated remotely (Door cam has a mic and speaker. We can hear and we can speak. 14. Smart Garage Door Openers. The doors openers have motion detector, webcams, and night vision controlled by buttons on interior wall, keypad on exterior wall, phone app 15. Dumb waiter in kitchen. Original home Interior Designer informed Owners that there are dumb waiter tracks installed behind drywall that go from Kitchen to Primary room closet to Basement Kitchen. 16. StreamLabs Water Monitoring system: Tracks the amount of water flowing into the home. Alerts Owner if water left running. Has auto-shutoff feature for water running for a pre-set amount of volume per minute. Can help budget water bill by tracking water flow in real time. Can reduce water bill by raising awareness of water usage. May reduce home owner insurance premiums. May decrease degree of damage caused if inconspicuous slow leak. Buyer to verify all statements and inspect any items of material interest.
Features & Amenities
Interior
- General:
- Upstairs, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Drink Wtr Filter Sys, Fire Sprinklers, Wet Bar, Kitchen Island, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
- Basement:
- Finished, Full
- Flooring:
- Carpet, Stone, Wood
- A/C:
- See Remarks, Refrigeration, Ceiling Fan(s)
- Heating:
- Electric
- Fireplace:
- 1 Fireplace, Family Room, Gas, Fireplace
- Eco/Green Feature:
- Solar Panels, Multi-Zones
Exterior
- General:
- Balcony, Covered Patio(s), Patio, Private Street(s), Private Yard, Built-in Barbecue, Heated, Private
- Style:
- Santa Barbara/Tuscan
- Pool:
- Heated, Private
- Parking:
- Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Over Height Garage, Separate Strge Area
Construction
- Roofing:
- Tile
- Windows:
- Dual Pane, Low-E, Vinyl Frame
- General:
- Painted, Stucco, Frame - Wood
Location
- HOA Amenities:
- FHA Approved Prjct, Management, Rental OK (See Rmks), Maintenance Grounds, Street Maint, 126.0, Monthly
- Originating MLS:
- Arizona Regional Multiple Listing Service 2
- School District:
- Gilbert Unified District
- County:
- Maricopa
Lot
- Zoning:
- 30496103
- Fencing:
- Block, Wrought Iron
Utilities
- Water:
- City Water
- Sewer:
- Public Sewer
Financial
- Source:
- Arizona Regional Multiple Listing Service 2
This listing courtesy of:
Coldwell Banker Realty, Melinda K Bacon
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Gilbert, AZ
Housing
- Number of Units
- 97,056
- Median Home Value
- $362,402
- Median Rent
- $1,359
25.87% of housing units are renter occupied.
4.47% are vacant.
Commute
- Car
-
56.60%
- Public Transportation
-
0.36%
- Walk to Work
-
0.55%
- Work from Home
-
41.35%
- Other
-
0.76%
The median travel time to work is 17 minutes.
People
- Population
- 278,545
- Median Age
- 34.40
- Median Household Size
- 3.26
Education
- High School
-
16.11%
- Associate’s Degree
-
10.21%
- Bachelor’s Degree
-
30.62%
- Graduate Degree
-
15.46%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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